Schneider Electric Says Energy Efficiency Enables UAE’s USD 72 Billion Energy Investments
Schneider Electric, the leader in digital transformation of energy management and automation, announced today that energy efficiency innovations are enabling the UAE’s USD 72 billion worth of energy investments during the recent Innovation Day Dubai.
Boosted by the UAE Energy Strategy , which aims to generate 50 percent of its energy from clean energy, and the Dubai Clean Energy Strategy , which aims to generate 75 percent of energy requirements from clean sources by 2050, the UAE hosts USD 72 billion worth of energy investment to 2022, according to a recent report by the Arab Petroleum Investments Corporation (APICORP).
Energy efficiency is a major investment point for every step in the energy process — from energy generation in power plants, to Smart Cities with connected grids for energy transmission, down to monitoring and repairing electrical infrastructure in individual buildings, argues Schneider Electric.
“The UAE’s massive investment in energy efficiency shows that in the Digital Economy, the foundation is energy and electricity,” said Hanan Darwish, Cluster President – Gulf and Pakistan, Schneider Electric, who launched the Innovation Day Dubai and presented the keynote “Powering the Gulf’s Digital Economy.” “As the UAE and the Arabian Gulf become more urbanized, digitized, and industrialized, energy efficiency can ensure safe, reliable, and connected energy to organizations and people.”
One of the UAE’s largest engineering, procurement, and construction companies, the Abu Dhabi-based NPCC, digitally transformed its facilities with the EcoStruxure Power architecture, and the Power Monitoring Expert system, and smart meters.
NPCC can identify areas where the company needs to take action to optimize its energy consumption, and reduce its electricity spend. NPCC gains real-time operational insights, with immediate alerts on disturbances, and can solve problems with ease and speed — saving time and money.
Dubai-based Al Rawabi Dairy digitally transformed its energy systems with the Schneider Electric EcoStruxure Power architecture and Power Monitoring Expert system. Al Rawabi Dairy can monitor and troubleshoot power problems from quality power meters.
This system helped Al Rawabi Dairy to enhance control over energy consumption, and also to reduce sophisticated electronic system failures. Al Rawabi Dairy is satisfied with the energy system, and plans to install it in additional locations in the upcoming year.
Schneider Electric Launches Solutions to Enable Energy Efficiency
Schneider Electric’s Innovation Day Dubai hosted more than 600 channel partners, systems integrators, and innovative customers from throughout the Gulf and Pakistan region.
Supporting energy efficiency, at the Innovation Day Dubai, Schneider Electric held the regional launch of the Masterpact™ MTZ circuit breakers to simplify the management of complex power systems, and the connected and scalable Masterpact™ MTZ circuit breakers, which run on the EcoStruxure Power architecture to enhance uptime and energy efficiency.
EcoStruxure Power can save up to 15 percent in maintenance costs, reduce energy spend by up to 10 percent, and reduce project costs by up to 15 percent, according to Schneider Electric.
“Data is the new currency for the energy ecosystem, with connected circuit breakers, edge control, and analytics combining to provide real-time actionable insights,” added Hanan Darwish. “Using analytics, utilities can better manage demand, facilities managers can predict and optimize repairs, and residents and building owners can use apps to monitor and manage their own energy usage.”